0 sats \ 1 reply \ @TheBTCManual 13 Mar 2023 \ on: Signature Bank becomes next casualty of banking turmoil after SVB bitcoin
Oef! Since the government is guaranteeing deposits, nows a good time for banks to claim they're in trouble and secure some liquidity, moral hazard is a hell of a drug
Yeah, what's stopping the banks from investing in many more "low risk" endeavours if they never have to pay for their mistakes and failures?
reply